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Who Should Pay for Payment Scams - Banks, Telcos, Big Tech?

Big banks want social media firms to take accountability for scams taking place on their payment platforms, but that doesn’t mean reimbursing victims. Banks need to take the lead in making victims whole quickly. Big tech and telcos need to kick out the scammers from their platforms.
United Kingdom Ken Palla Neira Jones Frank Mckenna Financial Conduct Authority Fraud Management

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